The United States isn't the only nation dealing with chronic
unemployment - the rest of the world is too! A new report by the World
Bank says that the global economy needs to create 200 million jobs to
recover from the worldwide recession and reach full employment.
Twenty-seven million jobs were lost around the world when the economy
went in the tank in 2008 - and subsequent job growth hasn't been nearly
strong enough to keep up with the 40 million new people who enter the
workforce every single year.
Austerity measures in several European nations from Greece to Spain
to the U.K. have crippled economies and mobilized working people into
the streets. Major demonstrations in Denmark and the Czech Republic
were held over the week to protest against austerity too. And in France
- austerity may just end up costing the President his job.
One way to create jobs is to unleash a green revolution around the
world to cut carbon emissions and use energy more efficiently. Now only
if we can get the oil barons out of the way to get started.
-Thom
(How would you do it? Tell us here.)
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